Not sure what they can really do, since there isnt a huge amount of actual AP ammo even out there, let alone I cant remember any used in a crime.

At the very least perhaps no more surplus m855 or its 7.62 equivalents, at the worst

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They mean Body armor piercing... At least that is what one petition was trying for here in L.A. (lower alabama aka panhandle of fla) It was literally going after "jacketed" rifle rounds we see in daily hunting use...